Mutual funds offer investment opportunities in various categories, which you can choose based on your investment, risk, and return preferences.
Debt funds offer higher returns than bank fixed deposits, and the risk involved in investing in them is low.
The return after investing in mutual funds grows with compounding, allowing a significant amount of money to be accumulated even from small investments.
When choosing a fund, pay attention to the fund's return, expense ratio, beta, fund manager, etc.
This fund has given a return of 14% last year and an average of 21.08% over the past 5 years. It turns a monthly SIP of INR 10,000 into INR 12.72 lakhs.
This fund has given a return of 23.65% last year and an average of 30.97% over the past 5 years. It turns a monthly SIP of INR 10,000 into INR 12.83 lakhs.
This fund has given an average return of 31.40% over the past 5 years. It turns a monthly SIP of INR 10,000 into INR 12.96 lakhs.
This is general advice, not financial advice. Investments carry risk and past performance is not indicative of future results. Always consult professionals before investing.